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Re: all4weed post# 29171

Friday, 06/12/2020 11:14:18 PM

Friday, June 12, 2020 11:14:18 PM

Post# of 34636
If the oral nicotine tech is as good as Lexaria and its shareholders believe, Lexaria Nicotine is worth far more than 12 Million dollars, at least ten to fifteen times that would be a reasonable place to start bids IMO. The original contract says nothing about selling the subsidiary for 12M but rather suggests "then-current fair market value" would be offered.

The twelve million is the original amount estimated to be put into the research program if Altria were to see the research to the last phase. Here's the original news story from Lexaria's site that should clear this up for you:

https://www.lexariabioscience.com/news/lexaria-bioscience-announces-partnership-with-altria-to-fund-research-and-development-of-dehydratech-technology-for-oral-nicotine/

Not sure where you're getting these bizarre ideas from?? Your post is just a mish-mash of random information that is poorly assimilated into nonsensical statements. In the future, perhaps you could source your information from real sources like the one above instead of just trying to put words in other people's mouths (and failing).
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